XRP/USD - Major breakout towards $1! ๐๐๐
XRP has done it, finally... it only took five months for XRP to break this nasty resistance at $0.65 on major volume which pumped the price all the way to $0.88.
This is a very important moment as it can pave the way for XRP to push much much higher towards $1 and its current ATH at $3.3.
The indicators are looking healthy and very bullish, price action is bullish and if we are to measure this move based on MACD, we're just starting... nice.
However, until we push higher we need to clear this resistance at $0.88 which will hold price for a while and may lead to some consolidation, but I don't think it will last if momentum maintains, we can very well get continuation with more volume and price gains soon.
Similarly XLM has benefited from this move.
Overall bias is very bullish on XRP and it was time for it to pump. If you look for entries, either wait for a break of current resistance or buy one of the support levels.
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This is a very important moment as it can pave the way for XRP to push much much higher towards $1 and its current ATH at $3.3.
The indicators are looking healthy and very bullish, price action is bullish and if we are to measure this move based on MACD, we're just starting... nice.
However, until we push higher we need to clear this resistance at $0.88 which will hold price for a while and may lead to some consolidation, but I don't think it will last if momentum maintains, we can very well get continuation with more volume and price gains soon.
Similarly XLM has benefited from this move.
Overall bias is very bullish on XRP and it was time for it to pump. If you look for entries, either wait for a break of current resistance or buy one of the support levels.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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Likes and follows appreciated! ๐
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